CATEGORIES

Chancellor Scholz loses vote of confidence in Germany

THE GERMAN PARLIAMENT accepted Chancellor Olaf Scholz's invitation to withdraw its confidence in him and his government on Monday, clearing the way for the February 23 early election necessitated by the collapse of his government.

Pakistan cuts interest rates to lowest in over 2 years

PAKISTAN'S CENTRAL BANK cut its key policy rate by 200 basis points to 13% on Monday, it said in a statement, its fifth straight reduction since June to revive a sluggish economy.

Trump transition team to roll back Biden EV policy

Regulations on fossil-fuel cars likely to be eased

Senate probe finds Amazon manipulates workplace injury data

FOR YEARS, WORKER advocates and some government officials have argued that Amazon's strict production quotas lead to high rates of injury for its warehouse employees.

Long-term outlook positive for cement sector

GROWTH MOMENTUM CONTINUES

Dabur to leverage new launches

Plans to acquire new customers, boost order frequency

Apollo Tyres: Cost pressure to persist in Q3

Aims to expand network with focus on micro-regions

Urban growth takes a toll

TOLLING IN WHAT HAVE BECOME ARTERIAL ROADS IN CITIES GETS A PUSHBACK FROM CITIZENS

Upgrade cross-border payments

With India being the world's largest recipient of remittances since 2022, the urgency to modernise its payment systems has never been greater

Mega deals won't lead M&A rebound Under Trump

US BANKERS ARE rubbing their hands at an expected boom in dealmaking under a market-friendly President-elect Donald Trump next year. But scratch the surface and it is apparent that the mergers and acquisitions to come are far more likely to be among smaller companies. Mega deals won't lead the way.

The Swiss confusion

Constantly varying interpretations of treaty provisions can potentially dent India's image

High reinsurance costs a bigger worry for life insurers

Aditya Birla Sun Life Insurance (ABSLI), which ended FY24 with around ₹17,500 crore in gross written premiums (GWP), aims to double its business in the next three years.

PSBS split over perquisite tax liability for employees

@ SBI, BoB cover tax; PNB, Union Bank offer loans to staff

RBI governor urges colleagues to strive for perfection

RBI GOVERNOR SANJAY Malhotra on Monday urged staff to aim for perfection in their duties, emphasising continuous improvement as the institution enters a new era.

Lobana appointed Google's India V-P

TECH GIANT GOOGLE on announced the Monday appointment of Preeti Lobana as the new country manager and vice president for India.

HDFC Bank gets warning from Sebi, second in a week

HDFC BANK ON Monday said it has received a second administrative warning from the Securities and Exchange Board of India (Sebi) within nearly a week, due to a three-day delay in disclosing the resignation of its mortgage business head Arvind Kapil in March this year.

Despite CRR cut, call rates jump above MSF

TOUGH ROAD AHEAD

2024 to end with record office space leasing: Report

INDIA'S OFFICE LEASING market is expected to achieve a milestone in 2024, with gross leasing volumes (GLV) projected to reach 83-85 million sq ft, marking a 13% year-on-year increase over the previous peak in 2023, a report said on Monday.

India leading in AI adoption: Report

INDIAN ENTERPRISES ARE leading in the adoption and experimentation with artificial intelligence as compared to the global average, according to a report by data integration, analytics, and artificial intelligence (AI) service provider Qlik.

IT hiring may stay low till H2FY26

HIRING IN THE Indian IT services industry is expected to remain low-key in the near term until the growth momentum picks up by H2FY26, according to Icra.

Blackstone emerges top bidder for Haldiram deal

A CONSORTIUM LED by Blackstone has emerged as the preferred bidder for a minority stake in Haldiram Snacks, sources following months of negotiations on a potential deal.

Dixon's FY25 smartphone volumes may hit 30 mn

Benefit of JV with Vivo to be seen in FY26, says firm

Those not made ministers not disappointed: Maha BJP chief

MAHARASHTRA BJP CHIEF Chandrashekhar Bawankule on Monday said there is \"no disappointment\" among senior leaders of the Mahayuti alliance on not being made ministers in the Devendra Fadnavis government.

Doval set to visit China for special representative talks

MOVES ARE AFOOT to schedule the meeting of the Special Representatives of India and China which would mean National security advisor Ajit Doval will travel to Beijing - as early as this week, sources said.

Won't allow use of our territory against India's interests: Lanka

SRI LANKAN PRESIDENT Anura Kumara Dissanayake on Monday assured New Delhi that Colombo will not permit the island nation's territory to be used \"in a manner that is detrimental to the interest of India\".

After NC, TMC questions EVM talk, Cong claims its issue only with poll panel

AFTER JAMMU AND Kashmir Chief Minister and National Conference (NC) leader Omar Abdullah's dismissal of objections raised by Congress leaders against EVMs, fellow INDIA bloc member Trinamool Congress (TMC) said Monday that there was nothing substantial in the allegations of EVM manipulation.

Aide's confession: Bishnoi gets special facilities in prison

Authorities in the Sabarmati prison denied the allegations, When contacted, authorities in the Sabarmati prison denied the allegations, saying

Swiss tax action won't hit trade pact: Officials

The decision of Switzerland to suspend the most favoured nation clause in its Double Taxation Avoidance Agreement with India will not have any impact on the investment commitments under the Trade and Economic Partnership Agreement that the EFTA has signed, commerce secretary Sunil Barthwal said on Monday. He was asked whether the Swiss decision would impact the EFTA's $100-billion investment commitment. Another official said even though tax rates for Indian firms in Switzerland may go up to 10% from 5%, it is unlikely to impact investments from the bloc.

MSME concerns over steel duty will be looked into: Barthwal

The Directorate General of Trade Remedies (DGTR) has started an investigation into the complaints of dumping of steel in the domestic market and will also take into account the interests of the user industry before firming up its view, a senior official said on Monday.

‘Lack of skills, data complexity hindering AI adoption in India'

As Indian enterprises increasingly adopt artificial intelligence (AI), significant barriers such as a lack of expertise, insufficient tools, and data complexity remain.